UK-based Cairn Energy has reached an agreement to farm-in as operator on the Foum Draa blocks 1-3 offshore Morocco for US$60mn as the firm looks to expand its exploration portfolio
Exploration & Production
Genel Energy to farm-in on Sidi Moussa Offshore Block
Genel Energy will farm-in for 60 per cent of the licence interests to explore and produce oil and gas in the Sidi Moussa Offshore Block, offshore Morocco
Spectrum to acquire Lebanese multi-client 3D survey
Spectrum ASA will acquire a new multi-client 3D seismic survey in the
Genel Energy to acquire 26 per cent interest in Miran block
Genel Energy will acquire a 26 per cent interest in Miran exploration block in the Kurdistan Region of Iraq from Heritage Energy Middle East Limited (HEME) for US$156mn
Total purchases ShaMaran's interest in Taza block for US$48 million
Total SA has purchased ShaMaran Petroleum Corp’s entire 20 per cent undivided participating interest in the Taza PSC in the Kurdistan Region of Iraq for US$48mn